What is Backblaze, Inc.'s market cap?

Backblaze, Inc. (BLZE) has a market capitalization of $738.8M and trades on NASDAQ.

What is Backblaze, Inc.'s revenue and profitability?

Backblaze, Inc. generated $149.9M in trailing twelve-month revenue with a net loss of $22.4M, representing a net margin of -15.0%. Gross margin stands at 62.1%, with free cash flow of $17.1M. These figures are based on the Q1 2026 filing.

Who are Backblaze, Inc.'s competitors?

Backblaze, Inc.'s key competitors include NetApp, DigitalOcean, Cloudflare, and others. These companies compete in similar markets and product categories.

Who does Backblaze, Inc. partner with?

Backblaze, Inc.'s notable partners include Citizens Bank, N.A., Stripe, HubSpot, and others.

Where is Backblaze, Inc. headquartered?

Backblaze, Inc. is headquartered in United States of America and employs approximately 381 people. It has been publicly traded since 2021.

Backblaze, Inc.

BLZE

Backblaze provides a high-performance cloud storage platform designed for data-intensive workloads, including AI training, media workflows, and cyber-resilience.

Market cap

$738.78M+162%

Revenue$149.9M+13.3%

Net income-$22.4M+52.1%

Free cash flow$17.1M+39.9%

EPS (diluted)-$0.40+60.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$38.7MBeat by $882.7K EPS$0.04Beat by $0.02

Read the full report

Next report

Aug 3, 2026 (In 5 days)

Revenue estimate$39.9M

EPS estimate$0.01

Financials

Q1 2026

Income statement

See full

Revenue$38.7M+11.7%

Gross profit$23.5M+22.2%

Operating income-$5.4M+39.0%

Net income-$6.1M+34.1%

EPS (diluted)-$0.10+41.2%

Balance sheet

See full

Cash & equivalents$26.3M-35.3%

Total debt$62.0M+35.7%

Total equity$84.6M+8.8%

Total assets$192.7M+13.2%

Cash flow

See full

Operating cash flow$3.4M-32.0%

CapEx$651.0K+29.4%

Free cash flow$2.7M-39.0%

Valuation & ratios

Valuation

See full

Market cap$738.78M+162%

Enterprise value$774.53M+137%

P/S4.9×+2.8×

Profitability

See full

Gross margin62.1%+7.1pp

Operating margin-13.4%-5.0pp

Net margin-15%-5.5pp

FCF margin11.4%+2.2pp

Returns & leverage

See full

Return on equity-27.6%-10.7pp

Debt / equity0.7×+0.1×

Current ratio1×0.0×

Segments

By product

See full

B2 Cloud Storage$22.4M+24.3%

Consumption-based arrangements$21.7M+24.8%

Subscription-based arrangements$16.8M-1.8%

Computer Backup$16.2M-2.0%

Point in time arrangements$126.0K—

By segment

See full

Reportable Segment$38.7M+11.7%

Competitors

By market cap

Alphabet Inc.$3.99T+70.7%

Microsoft$2.89T-24.1%

Amazon$2.49T+0.7%

Dell Technologies$275.84B+205%

Cloudflare, Inc.$94.3B+36.4%

NetApp$33.3B+55.5%

DigitalOcean$14.1B+430%

Backblaze, Inc.$738.8M+147%

By revenue growth

Dell Technologies+38.6%

Cloudflare, Inc.+31.6%

Backblaze, Inc.+13.3%

NetApp+5.4%

By net margin

Alphabet Inc.54.77%+23.7pp

Microsoft39.34%+3.6pp

DigitalOcean24.97%+11.5pp

NetApp18.43%+0.4pp

Amazon10.65%+0.5pp

Dell Technologies6.28%+1.6pp

Cloudflare, Inc.-3.73%+0.9pp

Backblaze, Inc.-14.97%+20.4pp

Profile

Backblaze provides a high-performance cloud storage platform designed for data-intensive workloads, including AI training, media workflows, and cyber-resilience. The company offers specialized, price-to-performance optimized infrastructure that reduces the complexity and cost of storing and protecting data at exabyte scale. Its mission is to solve tough data storage challenges through a purpose-built, web-scale software architecture built on commodity hardware.

Competitive position

Backblaze differentiates itself as a cost-effective, high-performance alternative to hyperscale providers by using proprietary software on commodity hardware and maintaining an open cloud ecosystem.

GeographiesUnited States, Canada, Europe, Netherlands

Customer segmentsEnterprise, Mid-market organizations, Small and Medium Businesses (SMB), Individual consumers

Business modelSubscription SaaS, Consumption-based IaaS, B2B, B2C

SuppliersHard drive manufacturers, Semiconductor suppliers, Data center facility providers, Commodity hardware vendors

CustomersAI model builders, Media production houses, Academic and research institutes, Government agencies, Gaming companies

CountryUnited States of America

Listed2021

Employees381.0

CEOGleb Budman

SectorTechnology

IndustrySoftware - Infrastructure

Websitebackblaze.com

FilingsSEC EDGAR

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Questions, answered.

What is Backblaze, Inc.'s market cap?: Backblaze, Inc. (BLZE) has a market capitalization of $738.8M and trades on NASDAQ.
What is Backblaze, Inc.'s revenue and profitability?: Backblaze, Inc. generated $149.9M in trailing twelve-month revenue with a net loss of $22.4M, representing a net margin of -15.0%. Gross margin stands at 62.1%, with free cash flow of $17.1M. These figures are based on the Q1 2026 filing.
Who are Backblaze, Inc.'s competitors?: Backblaze, Inc.'s key competitors include NetApp, DigitalOcean, Cloudflare, and others. These companies compete in similar markets and product categories.
Who does Backblaze, Inc. partner with?: Backblaze, Inc.'s notable partners include Citizens Bank, N.A., Stripe, HubSpot, and others.
Where is Backblaze, Inc. headquartered?: Backblaze, Inc. is headquartered in United States of America and employs approximately 381 people. It has been publicly traded since 2021.